4Filed Sep 14, 8:00 PM ET

GMR Solutions (GMRS) Chief Accounting Officer Jessica Hall Sells Shares

$GMRS · GMR Solutions Inc.

Research Summary

AI-generated summary of this SEC filing

Updated

GMR Solutions (GMRS) Chief Accounting Officer Jessica Hall Sells Shares

What Happened
Jessica Hall, Chief Accounting Officer of GMR Solutions, reported the sale of 23,687 shares on 2026-09-14 at $12.20 per share, generating proceeds of $288,981. The Form 4 lists the transaction as a sale (S) executed as an "open market or private sale."

Key Details

  • Transaction date and price: 2026-09-14 at $12.20 per share.
  • Shares sold: 23,687; gross proceeds: $288,981.
  • Shares owned after the transaction: Not specified in the filing.
  • Footnote: The filing states these shares were sold to cover tax withholding obligations in connection with the settlement of restricted stock units (RSUs) and performance-based RSUs.
  • Filing timeliness: Form 4 filed 2026-09-15 (one day after the transaction); no indication of a late filing.

Context
This was a sell-to-cover transaction to satisfy tax withholding tied to RSU settlements — a routine administrative sale rather than a directional bet on the stock. Such transactions commonly occur when equity grants vest and do not necessarily indicate the insider’s broader view on the company.